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Hey everybody, welcome back to 
the Elon Musk Podcast. 

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This is a show where we discuss 
the critical Crossroads, The 

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Shape, SpaceX, Tesla X, The 
Boring Company, and Neuralink, 

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and I'm your host, Will Walden. 
Open AI is in talks for a new 

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funding round that could push 
its valuation to an eye, popping

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$100 billion or more. 
This isn't just any funding 

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round though. 
It's a game changer that could 

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vault Open AI into the ranks of 
the most valuable start-ups 

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worldwide. 
Now, Open AI is engaging with 

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potential investors, but 
everything's hush hush for now, 

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and the insiders are keeping 
details under wraps, so we're 

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talking about information that's
as exclusive as it gets. 

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Now let's put things into 
perspective here though. 

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If Open AI nails this funding 
round, we're looking at the 

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second most valuable startup in 
the US, sitting right behind 

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Elon Musk's SpaceX. 
That's according to the latest 

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from CB Insights, and it's a big
deal right now. 

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Now Open AI is playing it cool 
though. 

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Open AI is looking for a tender 
offer in early January with a 

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valuation around $86 billion, 
the demand from investors is 

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outstripping the supply of 
shares, a clear sign of Open AI 

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hot ticket status in the 
investment community. 

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Now remember when Open AI 
dropped ChatGPT and turn heads 

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all over the world? 
Hundreds of millions of users. 

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Now that was a defining moment 
for Open AI. 

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Since then they pulled in $13 
billion, with big names like 

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Microsoft betting big on them. 
And the ripple effects of Open 

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AI's rise are everywhere. 
Giants like Amazon and Alphabet 

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are pouring billions into AI 
ventures like anthropic 

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Salesforce has thrown its weight
behind hugging face, valuing it 

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a cool $4.5 billion. 
And NVIDIA, the big player in AI

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chips, is making moves, too. 
Now Open AI isn't just resting 

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on its laurels, though. 
They're reportedly in talks with

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Abu Dhabi's G42 for a whopping 8
billion to $10 billion for a new

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chip venture. 
It's a bold move, stepping into 

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the hardware arena to take on 
NVIDIA. 

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The project code name Tigris, is
Open AI, Sam Altman's baby. 

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He's eyeing the AI chip market, 
aiming to shake things up. 

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This is Open AI, expanding its 
horizons, moving beyond just 

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software to hardware. 
And it's a huge pivot. 

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In October, Open AI announced 
the strategic partnership with 

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G42. 
This partnership is a 

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significant move of her Open AI 
because they're getting into the

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Middle Eastern market. 
G42, established in 2018, is an 

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influential player in the 
region, known for its advanced 

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technology solutions as strong 
connections in the business and 

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governmental sectors. 
Now the collaboration aims to 

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deliver state-of-the-art AI 
solutions to the UAE and its 

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neighboring regions. 
This partnership is not just a 

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business venture, though. 
It means that Open AI is 

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expanding into new geographical 
territories. 

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There's global ambitions now, 
and they recognize that the 

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Middle East is important for 
upcoming AI tech. 

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And the partnership between Open
AI and G42 is more than a simple

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collaboration is strategic 
alignment of goals and 

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expertise. 
G42 brings a wealth of regional 

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knowledge, financial resources 
and a network of government and 

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industrial connections. 
This opens up new avenues for 

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open AI, providing a platform to
adapt and offer its AI solutions

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in a market that's rapidly 
embracing digital 

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transformation. 
The collaboration is expected to

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yield cutting edge AI 
applications tailored to meet 

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the unique needs and challenges 
of that region. 

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Now this includes potential 
advancements in sectors like 

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healthcare, education, and smart
city development where AI can 

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play a transformative role. 
This partnership also signifies 

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the growing global influence of 
AI and the importance of cross 

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regional collaborations in the 
field. 

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And by teaming up with G42, Open
AI is not only diversifying its 

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global footprint, but also 
gaining valuable insights into 

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the AI needs and trends in the 
Middle East. 

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This collaboration is a 
strategic move that could set a 

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precedent for how AI companies 
and regional tech giants can 

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work together to drive 
innovation and technological 

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advancement. 
For Open AI. 

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This partnership is a step 
towards becoming a global AI 

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powerhouse, demonstrating its 
ability to forge important 

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international connections and 
tailoring its technology to 

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diverse markets. 
Now, Open AI's recent turmoil, 

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including Altman's brief ouster,
has some investors on edge. 

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But with Altman back in the 
saddle and a new board Open AI 

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sending a clear message, they're
back on track and they're 

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doubling down on their vision. 
This turn around was crucial, 

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reassured stakeholders and kept 
the Open AI ship steady amid 

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choppy waters. 
It's about keeping the focus on 

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innovation and moving forward 
despite the bumps in the road. 

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Now this potential $100 billion 
valuation isn't just a number, 

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it's a statement. 
Open AI is not just riding the 

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AI wave, they are in the lead, 
and this funding round is a 

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critical chapter in this story. 
Now, this development isn't just

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about Open AI, though. 
It's a barometer for the whole 

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AI industry. 
It shows that the market's 

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appetite for AI and it's 
confidence in the technology's 

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future. 
Open AI is at the forefront, and

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everybody's watching them and 
they're diversifying. 

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They're aiming to dominate in 
the chip venture, the tender 

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offer. 
It's all part of a bigger 

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strategy to submit their place 
in AI history. 

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They're not just playing the 
game, They're winning it and 

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they're changing it. 
Hey, thank you so much for 

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listening today. 
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support. 
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And each episode is about 10 
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I'll see you tomorrow.